0 Nec Of I-10 & Grand Pkwy Katy, TX 77449
This exceptional 1.14-acre commercial land parcel presents a unique investment opportunity in the thriving Katy, Texas market. Situated at the northeast corner of I-10 and the Grand Parkway, this property boasts unparalleled visibility and accessibility, making it ideal for a wide range of commercial developments. The lot size is 49,560 square feet, offering ample space for construction. The property's location at a major intersection ensures high traffic counts and significant exposure to potential customers. The Harris County location, with a zip code of 77449, provides easy access to a robust infrastructure and a growing population. This single-tenant property is zoned for commercial use and presents a blank canvas for developers seeking a strategic location with high growth potential. The property's APN is 1209300010006. This is a rare opportunity to acquire a prominent commercial land parcel in one of Houston's fastest-growing suburbs. The strategic location at the intersection of two major thoroughfares guarantees high visibility and accessibility, making it an attractive proposition for businesses seeking a strong presence in the Katy market. This property is ready for immediate development, offering a significant return on investment for the discerning buyer.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.